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Advice needed regarding setting up side job as a sole trader + paying a friend for consultancy work
Hi all, I'm a software developer earning around £40k in my full time employment. I make some money on the side making websites every now and again, but never over £1000 a year. I've recently taken on a larger project (for company 'X') which looks like it's going to be paying around £8k over 2 months or so, with potential…
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Business electricity comparison site
Our business electricity contract is up on 1st April and we are looking to do a price comparison to find the best price. British Gas are trying to put our price up from 19p per kwh to 40p per kwh.
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Some advice please. Small court claim rejected
I have started an action through the small courts claim process against an agent I have worked through in the past. My claim is for non reimbursement of expenses I incurred whilst under contract but they rejected my claim. They have said:If you continue to pursue the claim we intend to vigorously defend this matter to a…
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Best way of getting a document to the US?
Not sure if this is the right forum, but... I have to get a doc to the US asap next week. A single sheet of A4. I normally use parcel2go or parcelmonkey but they focus on larger items and entering the the size of an A4 hardbacked envelope confuses their system. Is there some place I'm missing when I search? Beside the Post…
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Making tax digital where to start?
Hi! I'm hoping for some help and advice please.... We are a tiny business (picture framers) two of us in a partnership, not a limited company. Our business is very basic, materials in, manufacture, finished product out. We have no empolyees and don't import/export. We receive around 20 invoices a month and submit around 6.…
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Sole trader / partial partnership?
Husband is going self employed as a gas/heating engineer, he used to work with someone also gas qualified and thinking of also going it alone, they live in different counties, he has a lot of contacts and has suggested they work together. Most jobs, like boiler repairs and servicing will be done (and will be paid )…
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Loss of earnings
Afternoon.... I recently started a new therapy business and took out a 3 month agreement with a small business centre for a room one day per week. I have very specific needs for my room and the agreement is for the same room each week. Today, I had clients booked in but when I turned up the room was in use by someone else.…
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Contract for event, could they cancel contract?
Hi,Im usually put on a show each year and they have asked for more money, this place is called A, I usually sign the contract and pay a deposit. Now I want to put a show on at another location called B, its in same area. Could the other show (A) cancel the contract or back out of it once its been signed if they dont like…
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Valuation Office challenge office space vs kitchen space
Hi, We rent an office with approx 50sq m and the V.O. charges us £415 per sq m. This hasn't been updated since 2017, but I want to turn 10 sq m of the space in to a kitchen area (just fridge, electric hob, table and cupboards etc) for the staff. I believe the kitchen area would be charged at a much lower rate than the…
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Ltd company start up expenses
Hi guys. I have put a significant amount of money in to starting up a Ltd company. However, over the course of the last year my health has been pretty poor as well as illness within my immediate family. I am thinking of winding down the business at it hasnt got going yet. I have been paying out circa £600pm and bought…
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Landing Page for Online Payments - fees?
Hi, I was wondering if anyone could recommend a good payment method for online payments via a landing page - with very competitive (small) fees?
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sending rolls of fabric
Hello So i want to send rolls of fabric by courier. Length 140, varying height and width depending on quantity of fabric on a roll, but lets say 10cm diameter for now. Max 5kg. it seems most couriers have a length limit - for adhoc customers at least. Can anyone advise who tthey use for such an item? Many thanks
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Workplace pension fees
Hi everybody - 1st post !! I have my own small sole trader business, and I am putting my husband on the payroll ( my only employee ) Thinking about a workplace pension for him, and the cheapest way for both of us to avoid any extra fees. Is there a best overall workplace pension provider that has low fees for both employee…
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Selling excess stock wholesale
I have imported stock in the beauty market from the US, before the downturn in the economy and unfortunately have so far only sold half of it. I need to sell the excess stock in bulk, for cash flow purposes. Where is the best place to do this?
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Money Moral Dilemma: Do I need to keep chasing someone I owe £1,000 to?
This week's MoneySaver who wants advice asks... I'm self-employed, and when I have too much work on, I subcontract it. Several months ago, I subcontracted £1,000 of work to a supplier I've been using for years. A month later, when I requested an invoice so I could pay up, I was told it'd be sent as soon as possible.…
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Getting paid for freelance work - Person hiding behind Isle of Man registered companies.
At the end of 2021, I did some freelance work for a person. At first I got paid, but since January 2022 nothing has been paid. I stopped the work at the end of January 2022, and am now owed over £4k. After many requests for payment, I am considering using the small claims process. My concern is I don't have an address for…
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VAT reclaiming on a event tickets ??
Hi,I'm going to do an event and this time the venue and I are doing a 75/25 split.On there end its 25% + 20 VAT then I get my cut (55%).They will be selling the tickets and they are vat registered. If Im VAT registered can I reclaim that 20% back? Regards
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Reclaim statutory maternity pay
Hi Employee of mine (my wife) was on furlough @ £471 a month since the beginning of the furlough scheme (on my Ltd company). She wouldn't be entitled to SMP normally at that pay because it's less than £120 a week. However because it was 80% pay due to furlough, the below applies: under the parapgrah titled Employees…
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Buying Crypto through company
I'm considering (only tentatively atm) buying my first crypto currency, using spare money from my limited company. To me it feels like putting money on a horse, I am under no illusions that it will definitely pay dividends, I am just willing to give it a try. My question is, where do I go to safely buy some? I'm thinking…
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Help required ending hair dressing partnership
Hi Hope someone can send me a link to some advice Thanks